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cricket20 [7]
3 years ago
9

If the static budget variance for materials is $250 F and the budgeted cost for materials is $52,000, then the actual cost of ma

terials is a.$51,750. b.$51,950. c.$51,150. d.$52,150.
Business
2 answers:
Alekssandra [29.7K]3 years ago
6 0

Answer:

a. $51,750

Explanation:

Given:

Budget = $52,000

Variance = 250 F

Actual cost of materials = budget - variance

$52,000 - 250

= $51,750

Virty [35]3 years ago
4 0

Answer:

Option A is correct: $51750

Explanation:

Since static budget variance for materials is favourable;hence actual cost is less than the budgeted cost.

hence actual cost=(52000-250)

=$51750.

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